Thoughts on tax mobility

[actsofcreation]

There was an interesting piece today in the Wall Street Journal about states and tax competition entitled Soak the Rich, Lose the Rich: American's know how to use moving vans to escape high taxesIt got me thinking... the restrictions on the mobility of successful businesses and individuals are rapidly evaporating. As those restrictions go away, I

Comments

[sidruid]

Interesting points. IBM claims to have 60% of its workforce "mobile" (though it doesn't always make decisions to support the push toward WFH/mobility). It's closed facilities because enough workers moved home, that's HUGE savings. Meanwhile, some employees now work from nice locations... like Hawaii, or the Canary Islands (i cite those as real examples I know of 1st hand).

[hyrkanian]

Closed facilities because workers moved home and still work for IBM, or because workers were "selected to participate in a resource action" I have to wonder...

[sidruid]

no, this was because they moved home, we closed the bldg before the recession even started.